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1 AUD = 0.8773 USD So $40m USD = $45.594m AUD, plus the $1.189m...

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    1 AUD = 0.8773 USD

    So $40m USD = $45.594m AUD, plus the $1.189m in the bank currently.

    So you can easily work out the cash per share value of the company.

    Approx. 22c
 
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